Trade Assistant MT4 - MetaTrader 4 Scripts - MetaTrader 4 Resources
Trading Assistant MetaTrader Indicator — a multi-timeframe indicator based on three standard indicators: stochastic oscillator, relative strength index (Relative Strength Index), and CCI (Commodity Channel Index). It shows the current trend direction for the M1, M5, M15, M30, H1, H4, D1, W1 and MN1 time frames. When you follow such indicators, you can get a clear picture of trends on all important time frames. It doesn't matter which time frame you attach this indicator to. This indicator is downloadable for MT4 and MT5.
Attachment download
📎 trade_assistant.mq4 (15.31 KB)
Source: MQL5 #55520
Trade Assistant MT4 - MetaTrader 4 script usage and screening suggestions
Trade Assistant MT4 - MetaTrader 4 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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